HR 1294 · 116th Congress · Taxation
Employee Profit-Sharing Encouragement Act of 2019
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Ways and Means.(2019-02-14)
Plain Language Summary
[AI summary unavailable — showing source text]
Employee Profit-Sharing Encouragement Act of 2019 This bill denies certain employers a tax deduction for the compensation of highly compensated individuals unless the employer makes profit-sharing distributions to employees during the year.…
Summarized by Claude AI · Non-partisan · For informational purposes only